The global automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9%.
The increased demand for connected car features, in-vehicle infotainment, autonomous vehicles, and safety norms has increased the adoption of smart antennas globally. The smart antennas also provide high-speed, low-latency communication and real-time data exchange, making them suitable for the upcoming 5G technology.
Very High-frequency smart antennas are projected to showcase the highest demand over the forecast period.
The very high frequency ranges between 800 MHz and 2000 MHz. This frequency band is commonly used for various wireless communication services, including mobile networks (2G, 3G, 4G/LTE, and 5G), GPS, and other wireless applications. Navigation-related features are prominent and leading applications in the automotive sector. The growing concerns over traffic congestion and features like finding the best routes have made car navigation widely accepted globally. With the increased number of embedded systems, cars equipped with in-built navigation systems are growing globally. Today, navigation has become a necessary feature of vehicles.
Many countries have restricted the usage of overseas satellite navigation systems due to security reasons. Hence, a smart antenna for navigation systems needs to support GPS of respective countries such as GALILEO by Europe, GLONASS by Russia, BeiDou by China, QZSS by Japan, and IRNSS & Navigation with Indian Constellation (NAVIC) by India. Additionally, conventional cellular connectivity is expected to make the segment the largest in the automotive smart antenna market. Companies like TE Connectivity, Hirschmann, Telex, and Stratocell offer very high-frequency antennae for premium vehicles.
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Ultra-high frequency is the fastest-growing frequency segment for the automotive smart antenna market.
The ultra-high frequency for automotive smart antennas ranges from 2000 to 6000 MHz. This application or frequency is based on long-range communication. Applications such as satellite radio (SDARS), digital video broadcasting (DVB), cellular connectivity, WLAN, and V2V communication fall under ultra-high frequency. The ultra-high frequency segment is expected to be the fastest-growing segment of the market owing to an increase in connected cars. The connected car concept has brought the next growth cycle of the automotive sector with a rise in convenience and safety features.Compared to lower frequencies, Ultra-high offers significantly higher bandwidth, enabling faster data transmission, which is crucial for next-generation connected car applications like Cellular V2X communication, real-time traffic updates, and even high-definition in-car entertainment streaming. This bandwidth advantage future-proofs vehicles for the ever-increasing data demands of connected car technologies.
Asia Pacific to be the fastest-growing automotive smart antenna market.
The Asia Pacific region stands out as the fastest-growing market for automotive smart antennas, propelled by several key factors. The region has witnessed a surge in automotive production and sales, with a growing demand for connected and technologically advanced vehicles. Countries like China, Japan, and India are the fastest-growing markets in the APAC region, with high sales of SUVs and premium vehicles. According to MarketsandMarkets analysis, the Asia Pacific region had a sales growth from 39.1 million vehicles in 2021 to 44.7 million in 2023 for the key countries. Also, consumers are highly seeking enhanced connectivity features, and the automotive OEMs in the Asia Pacific are actively incorporating smart antenna systems to meet these demands. Automakers like MG India with their vehicle Hector 2023 model have offered rear seat entertainment unit, online navigation, in-car infotainment system, ADAS, TPMS, 360-degree camera, cellular connectivity, remote vehicle control, over-the-air (OTA) updates, etc.
Key Players
Major manufacturers in the automotive smart antenna market include Continental AG (Germany), Denso Corporation (Japan), TE Connectivity (Switzerland), Forvia (France), and Ficosa Internacional SA (Spain).
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